Mike Rounds

This bill would create a new government program to collect and study tiny organisms from extreme environments, like deep underground mines. The goal is to find new scientific discoveries and develop new treatments for diseases like cancer, diabetes, and dementia. It would also build a secure database and plan for a special long-term storage facility for these unique samples.

Summary pending...

This bill would help more small investment firms avoid some federal rules. It would raise the amount of money they can manage before needing to follow certain government requirements. The bill would also make sure this amount is updated often to keep up with rising costs.

The Department of the Interior would study new ways to supply water to homes and businesses in parts of South Dakota, Iowa, Nebraska, and Minnesota. Currently, no federal plan exists to look into this project. If passed, the bill would set aside $10 million to help pay for this study.

This bill would declare that the constitutional right to life applies to every human being, starting from fertilization. It aims to provide equal protection under the 14th Amendment for both born and preborn individuals. However, it explicitly states it would not lead to prosecuting women for the death of an unborn child, nor would it ban IVF or birth control.

This bill would change how a group of financial regulators, the Financial Stability Oversight Council (FSOC), decides to place certain nonbank financial companies under Federal Reserve supervision. The FSOC would first have to determine if less strict actions, like new rules or a company's own plan, could fix potential financial risks. Only if these alternatives are found to be insufficient could the FSOC then vote for direct Federal Reserve oversight.

This bill would let venture capital funds count more types of investments towards their special government status. It would require the Securities and Exchange Commission to update its rules, giving these funds more flexibility in what they can invest in and setting a new limit on certain holdings.

This bill, called the "Keeping Deposits Local Act," would change how banks count certain shared deposits they exchange with other banks. It would update the rules for how much of these "reciprocal deposits" are not considered "brokered funds," which are deposits gathered by a third party and often have stricter rules. This would affect insured banks by changing their regulatory calculations and how some qualify as "agent institutions."

This bill would let banks hold their investments in other businesses for at least 15 years. This change would affect bank holding companies, giving them more flexibility with their existing and future investments. The new rules would take effect immediately if the bill becomes law.

Summary pending...

Summary pending...

Summary pending...